The Verkhovna Rada introduced subsidies for milk and meat producers per cow, owned on January 1, 2010. This is stated in the law "On State Budget of Ukraine for 2010" passed by Parliament on April, 27 and signed by President Viktor Yanukovich on  April, 29.

The new mechanism implies that milk and meat processing companies will transfer VAT from the sale of their products to a special fund of the state budget, and then, this amount will be paid to the producers who delivered their milk and meat for processing.

Now, however, this subsidy will be paid per cow, owned by the producers on January 1, 2010, rather than the amount of milk and meat delivered for processing.
In 2010, the total amount of subsidies paid from the state budget is expected at UAH 1.35 billion level.

As it was reported earlier, the Ministry of Agrarian Policy, producers and processors of meat and milk requested the authorities to maintain the current procedure to support agricultural producers via the mechanism of accumulation of VAT while selling milk and meat to processing companies and to postpone the introduction of the new mechanism per cow till 2011.

MilkUa.info